Tuesday, May 19, 2009

CableFax Breaking News -- Comcast and NFL Reach Agreement

CableFax just reported that Comcast and The NFL Network reached an agreement. Here's the text of the announcement.

Comcast and the NFL have reached a long-term deal for NFL Net and settled all outstanding legal disputes. As expected, the net will move to Comcast’s digital classic service from its sports tier. A full launch will occur by Aug 1, reaching nearly 2/3 of the company’s total digital sub base, Comcast said.

Comcast subs also will get access to the NFL’s RedZone Channel when it is created. The channel shows live peeks of Sun games. Financials weren’t released. The WSJ pegged the deal at about 50 cents/sub, down from the 70 cents NFL originally sought.

“We are delighted to have come to an agreement with the NFL,” said Comcast CEO Brian Roberts. “Our goal has always been to provide our digital customers with access to the NFL’s unique content and, working together, we have struck the right balance between value and distribution on a variety of viewing platforms.”